KAVVERI DEFENCE & WIRELESS TECHNOLOGIES LIMITED

Income Statement Kavveri Defence & Wireless Technologies Limited

Stocks

KAVDEFENCE

INE641C01019

Communications & Networking

Market Closed - Bombay S.E. 06:02:32 2026-09-24 EDT			5-day change	1st Jan Change
83.99 ^INR	+2.24%		+16.99%	+25.23%

09-15	Kavveri Defence & Wireless Technologies Limited Receives Confirmed Orders Worth INR 2,220 Million From Large Defence Customers For Antennas, Filters, Switches And RF Components	CI
09-05	Kavveri Defence & Wireless Technologies Limited entered into Scheme of Amalgamation to acquire Samoro Telecoms Private Limited.	CI

0772f137d37173a.TtrJ_SFayZdkF157m1AEfNKx3PD0fnA4m5jwSF4AzYY.BJ-As2dj5PIJRyot6zNrDYCAsaqEGhl01auKGC5xpuUJlZ2kRgWIow94Fw

Published financial data: KAVVERI DEFENCE & WIRELESS TECHNOLOGIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	56.08M	28.24M	15.86M	171M	84.21M
Other Revenues, Total	-	1K	-	-	-
Total Revenues	56.08M	28.24M	15.86M	171M	84.21M
Cost of Goods Sold, Total	29.87M	578M	9.94M	85.58M	35.06M
Gross Profit	26.22M	-550M	5.92M	85.62M	49.15M
Selling General & Admin Expenses, Total	10.05M	52.6M	9.12M	13.76M	26.51M
Provision for Bad Debts	-	1B	1.19M	1M	-
Depreciation & Amortization - (IS)	20.76M	2.12M	2.12M	3.17M	1.9M
Other Operating Expenses	21.61M	-245M	3.85M	8.42M	16.19M
Other Operating Expenses, Total	52.43M	811M	16.28M	26.36M	44.59M
Operating Income	-26.21M	-1.36B	-10.37M	59.26M	4.55M
Interest Expense, Total	-135M	-407K	-357K	-363K	-
Interest And Investment Income	-	762K	925K	281K	2.47M
Net Interest Expenses	-135M	355K	568K	-82K	2.47M
Currency Exchange Gains (Loss)	3.25M	3.04M	-1.51M	18.74M	5.64M
Other Non Operating Income (Expenses)	-	-43.32M	578K	4K	-250K
EBT, Excl. Unusual Items	-158M	-1.4B	-10.73M	77.93M	12.42M
Gain (Loss) On Sale Of Investments	-	-255M	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-5.42M	-	-	-
Insurance Settlements	1.06M	-	-	-	-
Other Unusual Items	2.11M	2.15B	-2.7M	-13.86M	-
EBT, Incl. Unusual Items	-155M	487M	-13.43M	64.07M	12.42M
Income Tax Expense	26.22M	172M	-81K	-	-
Earnings From Continuing Operations	-181M	315M	-13.35M	64.07M	12.42M
Net Income to Company	-181M	315M	-13.35M	64.07M	12.42M
Net Income - (IS)	-181M	315M	-13.35M	64.07M	12.42M
Net Income to Common Incl Extra Items	-181M	315M	-13.35M	64.07M	12.42M
Net Income to Common Excl. Extra Items	-181M	315M	-13.35M	64.07M	12.42M
Per Share Items
Net EPS - Basic	-8.99	15.65	-0.66	3.18	0.35
Basic EPS - Continuing Operations	-8.99	15.65	-0.66	3.18	0.35
Basic Weighted Average Shares Outstanding	20.12M	20.12M	20.12M	20.12M	35.44M
Net EPS - Diluted	-8.99	15.65	-0.66	1.56	0.35
Diluted EPS - Continuing Operations	-8.99	15.65	-0.66	1.56	0.35
Diluted Weighted Average Shares Outstanding	20.12M	20.12M	20.12M	41.01M	35.44M
Normalized Basic EPS	-4.9	-43.5	-0.33	2.42	0.22
Normalized Diluted EPS	-4.9	-43.5	-0.33	1.19	0.22
Supplemental Items
EBITDA	-7.11M	-1.36B	-9.92M	60.77M	6.45M
EBITA	-26.21M	-1.36B	-10.21M	59.26M	4.7M
EBIT	-26.21M	-1.36B	-10.37M	59.26M	4.55M
EBITDAR	-	-	-8.82M	62.01M	8.07M
Total Revenues (As Reported)	69.15M	2.44B	18.8M	218M	113M
Effective Tax Rate - (Ratio)	-16.95	35.37	0.6	-	-
Total Current Taxes	-	81K	-81K	-	-
Total Deferred Taxes	26.22M	172M	-	-	-
Normalized Net Income	-98.67M	-875M	-6.71M	48.7M	7.76M
Interest on Long-Term Debt	2.11M	-	-	-	-
Non-Cash Pension Expense	-	-	-	-	0
Supplemental Operating Expense Items
Advertising Expense	375K	-	-	92K	64K
Selling and Marketing Expenses	375K	-	-	92K	64K
Research And Development Expense From Footnotes	5.88M	5K	4K	10K	6.25M
Net Rental Expense, Total	-	-	1.1M	1.24M	1.62M
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	56K	104K	237K	18K	-

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	2.83M	2.26M	14.48M	144M	176M
Total Cash And Short Term Investments	2.83M	2.26M	14.48M	144M	176M
Accounts Receivable, Total	499M	16.87M	45.45M	78.14M	73.18M
Other Receivables	37.12M	7.8M	1.47M	559K	599K
Notes Receivable	-	-	-	-	-
Total Receivables	536M	24.68M	46.91M	78.7M	73.78M
Inventory	578M	16.48M	14.98M	31.21M	37.56M
Prepaid Expenses	129K	-	-	-	-
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	484M	223M	206M	218M	548M
Total Current Assets	1.6B	267M	282M	471M	835M
Gross Property Plant And Equipment	369M	-	-	-	66.88M
Accumulated Depreciation	-316M	-	-	-	-41.66M
Net Property Plant And Equipment	52.67M	15.39M	15.14M	19.78M	25.22M
Long-term Investments	-	208M	214M	214M	219M
Goodwill	-	-	-	-	-
Other Intangibles, Total	5.23M	3.91M	2.05M	384K	4.78M
Loans Receivable Long-Term	-	-	-	271M	143M
Deferred Tax Assets Long-Term	140M	-	-	-	-
Other Long-Term Assets, Total	949M	296M	340M	259M	38.68M
Total Assets	2.75B	790M	854M	1.23B	1.27B
Liabilities
Accounts Payable, Total	150M	106M	52.72M	61.91M	34.22M
Accrued Expenses, Total	32.72M	71.56M	64.79M	20.73M	42.62M
Short-term Borrowings	2.08B	336K	-	189M	44.06M
Current Portion of Long-Term Debt	28.91M	-	-	-	-
Current Income Taxes Payable	23.26M	23.31M	23.14M	23.95M	22.44M
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	66.92M	66.99M	243M	70.73M	3.78M
Total Current Liabilities	2.38B	268M	384M	367M	147M
Long-Term Debt	17.01M	-	-	-	-
Pension & Other Post Retirement Benefits	5.41M	-	-	-	548K
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	219M	-1K	-	-	600K
Total Liabilities	2.62B	268M	384M	367M	148M
Common Stock, Total	201M	201M	201M	201M	601M
Additional Paid In Capital	1.18B	1.18B	-	1.18B	1.42B
Retained Earnings	-1.26B	-866M	-	-854M	-894M
Comprehensive Income and Other	-2.36M	7.33M	269M	341M	-10.39M
Total Common Equity	124M	523M	470M	868M	1.12B
Minority Interest	-	-	-	-	-
Total Equity	124M	523M	470M	868M	1.12B
Total Liabilities And Equity	2.75B	790M	854M	1.23B	1.27B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	20.12M	20.12M	20.12M	20.12M	60.12M
ECS Total Common Shares Outstanding	20.12M	20.12M	20.12M	20.12M	60.12M
Book Value / Share	6.15	25.96	23.37	43.15	18.58
Tangible Book Value	119M	519M	468M	868M	1.11B
Tangible Book Value Per Share	5.89	25.77	23.27	43.13	18.5
Total Debt	2.13B	336K	0	189M	44.06M
Net Debt	2.12B	-1.93M	-14.48M	45.75M	-132M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	550K
Debt Equivalent Oper. Leases	-	-	8.8M	9.9M	12.92M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	66.94M	11.56M	9.8M	12.38M	22.03M
Inventories - Work In Process, Total	2.1M	38K	-	-	294K
Inventories - Finished Goods, Total	509M	4.89M	5.18M	18.83M	15.23M
Land - (BS)	-	-	-	-	14.77M
Buildings, Total	-	-	-	-	2.13M
Machinery, Total	-	-	-	-	49.9M
Full Time Employees	-	-	-	20	24
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	-181M	315M	-13.35M	64.07M	12.42M
Depreciation & Amortization - CF	19.1M	451K	291K	1.51M	1.75M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	162K	-	148K
Depreciation & Amortization, Total	19.1M	451K	453K	1.51M	1.9M
Amortization of Deferred Charges, Total - (CF)	1.66M	1.66M	1.66M	1.66M	-
(Gain) Loss From Sale Of Asset	-	17.5M	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	255M	-	-	-
Asset Writedown & Restructuring Costs	-	5.42M	-	-	-
Provision for Credit Losses	-	-180K	-	27.12M	17.53M
Other Operating Activities, Total	179M	-614M	486M	-32.43M	-5.64M
Change In Accounts Receivable	-109M	-324M	-28.58M	-13.98M	62.05M
Change In Inventories	922K	145K	1.5M	-16.22M	-6.36M
Change In Accounts Payable	18.8M	-147M	-52.79M	11.69M	-28.43M
Change in Other Net Operating Assets	314M	303M	-509M	-36.96M	-282M
Cash from Operations	243M	-187M	-113M	6.45M	-229M
Capital Expenditure	-281K	-10K	-	-6.15M	-11.65M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-208M	-6.35M	546K	-4.78M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-57.39M	-18.74M
Other Investing Activities, Total	-59.72M	635M	-44.09M	-149M	-7.62M
Cash from Investing	-60M	427M	-50.44M	-212M	-42.78M
Long-Term Debt Issued, Total	-	-	175M	-	-
Total Debt Issued	-	-	175M	-	-
Long-Term Debt Repaid, Total	-49.39M	-17.01M	-	-	-
Total Debt Repaid	-49.39M	-17.01M	-	-	-
Other Financing Activities, Total	-135M	-224M	926K	334M	305M
Cash from Financing	-184M	-241M	176M	334M	305M
Miscellaneous Cash Flow Adjustments	-	-	-1K	-	-
Net Change in Cash	-1.41M	-564K	12.21M	129M	33.85M
Supplemental Items
Cash Interest Paid	135M	407K	-	-	-
Cash Income Tax Paid (Refund)	-	81K	-81K	-	-
Levered Free Cash Flow	63.47M	479M	108M	-232M	-269M
Unlevered Free Cash Flow	148M	479M	109M	-232M	-269M
Change In Net Working Capital	-144M	-1.33B	-113M	266M	262M
Net Debt Issued / Repaid	-49.39M	-17.01M	175M	-	-

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	-0.59	-48.08	-0.79	3.55	0.22
Return on Total Capital	-0.71	-61.33	-1.3	4.85	0.26
Return On Equity %	-88.1	97.45	-2.69	9.57	1.28
Return on Common Equity	-88.1	97.45	-2.69	9.57	1.28
Margin Analysis
Gross Profit Margin %	46.75	-1.95K	37.31	50.01	58.36
SG&A Margin	17.93	186.24	57.53	8.04	31.48
EBITDA Margin %	-12.68	-4.82K	-62.53	35.5	7.66
EBITA Margin %	-46.74	-4.82K	-64.37	34.62	5.58
EBIT Margin %	-46.74	-4.82K	-65.39	34.62	5.41
Income From Continuing Operations Margin %	-322.58	1.11K	-84.19	37.42	14.75
Net Income Margin %	-322.58	1.11K	-84.19	37.42	14.75
Net Avail. For Common Margin %	-322.58	1.11K	-84.19	37.42	14.75
Normalized Net Income Margin	-175.93	-3.1K	-42.3	28.45	9.22
Levered Free Cash Flow Margin	113.18	1.69K	684.04	-135.63	-319.77
Unlevered Free Cash Flow Margin	263.52	1.7K	685.45	-135.5	-319.77
Asset Turnover
Asset Turnover	0.02	0.02	0.02	0.16	0.07
Fixed Assets Turnover	0.9	0.83	1.04	9.81	3.74
Receivables Turnover (Average Receivables)	0.13	0.11	0.51	2.77	0.7
Inventory Turnover (Average Inventory)	0.05	1.95	0.63	3.71	1.02
Short Term Liquidity
Current Ratio	0.67	1	0.74	1.29	5.67
Quick Ratio	0.23	0.1	0.16	0.61	1.7
Operating Cash Flow to Current Liabilities	0.1	-0.7	-0.3	0.02	-1.55
Days Sales Outstanding (Average Receivables)	2.89K	3.33K	719.2	131.74	519.87
Days Outstanding Inventory (Average Inventory)	7.06K	187.61	579.23	98.49	357.93
Average Days Payable Outstanding	1.77K	2.78K	3.43K	205.47	426.88
Cash Conversion Cycle (Average Days)	8.18K	741.85	-2.13K	24.76	450.92
Long Term Solvency
Total Debt/Equity	1.72K	0.06	-	21.79	3.94
Total Debt / Total Capital	94.5	0.06	-	17.89	3.79
LT Debt/Equity	13.75	-	-	-	-
Long-Term Debt / Total Capital	0.76	-	-	-	-
Total Liabilities / Total Assets	95.5	33.88	44.93	29.68	11.72
EBIT / Interest Expense	-0.19	-3.34K	-29.04	163.25	-
EBITDA / Interest Expense	-0.05	-3.34K	-27.78	167.41	-
(EBITDA - Capex) / Interest Expense	-0.05	-3.34K	-27.78	150.47	-
Total Debt / EBITDA	-298.88	-0	-	3.11	6.83
Net Debt / EBITDA	-298.49	0	1.46	0.75	-20.41
Total Debt / (EBITDA - Capex)	-287.53	-0	-	3.46	-8.48
Net Debt / (EBITDA - Capex)	-287.14	0	1.46	0.84	25.34
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	35.44	-49.64	-43.86	979.65	-50.81
Gross Profit, 1 Yr. Growth %	41.85	-2.2K	-101.08	1.35K	-42.61
EBITDA, 1 Yr. Growth %	-56.92	17.83K	-99.27	-758.18	-86.61
EBITA, 1 Yr. Growth %	-26.49	5K	-99.25	-722.23	-89.92
EBIT, 1 Yr. Growth %	-37.48	5K	-99.24	-711.82	-90.24
Earnings From Cont. Operations, 1 Yr. Growth %	10.1	-274.05	-104.24	-579.92	-80.62
Net Income, 1 Yr. Growth %	10.1	-274.05	-104.24	-579.92	-80.62
Normalized Net Income, 1 Yr. Growth %	-9.74	787.15	-99.23	-826.19	-80.62
Diluted EPS Before Extra, 1 Yr. Growth %	10.11	-274.04	-104.24	-335.16	-77.56
Accounts Receivable, 1 Yr. Growth %	28.08	-96.62	169.36	71.93	-56.1
Inventory, 1 Yr. Growth %	-0.16	-97.15	-9.12	108.3	20.36
Net Property, Plant and Equip., 1 Yr. Growth %	-26.32	-70.78	-1.65	30.65	27.07
Total Assets, 1 Yr. Growth %	-3.58	-71.23	8.07	44.6	-0.65
Tangible Book Value, 1 Yr. Growth %	-57.69	337.61	-9.7	85.35	35.98
Common Equity, 1 Yr. Growth %	-56.88	322.26	-9.98	84.62	36.49
Cash From Operations, 1 Yr. Growth %	-325.57	-176.79	-39.19	-105.69	-3.64K
Capital Expenditures, 1 Yr. Growth %	-	-96.44	-	-	89.46
Levered Free Cash Flow, 1 Yr. Growth %	-131.37	657.6	-77.34	-313.24	-29.72
Unlevered Free Cash Flow, 1 Yr. Growth %	-225.15	224.68	-77.3	-312.59	-29.72
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	11.03	-17.41	-46.83	146.2	130.45
Gross Profit, 2 Yr. CAGR %	-6.73	445.36	-52.5	-60.53	188.23
EBITDA, 2 Yr. CAGR %	-0.61	807.59	14.32	-78.86	-16.41
EBITA, 2 Yr. CAGR %	-1.95	517.73	-38.15	-79.13	-29.74
EBIT, 2 Yr. CAGR %	-15.58	469.69	-37.66	-79.13	-31.44
Earnings From Cont. Operations, 2 Yr. CAGR %	1.19	38.43	-72.84	-54.89	-3.56
Net Income, 2 Yr. CAGR %	1.19	38.43	-72.84	-54.89	-3.56
Normalized Net Income, 2 Yr. CAGR %	-1.71	182.97	-73.93	-76.41	7.57
Diluted EPS Before Extra, 2 Yr. CAGR %	1.19	38.43	-72.84	-68.42	-27.36
Accounts Receivable, 2 Yr. CAGR %	-3.47	-79.18	-69.81	115.2	26.89
Inventory, 2 Yr. CAGR %	-11.71	-83.12	-83.9	37.59	58.34
Net Property, Plant and Equip., 2 Yr. CAGR %	-52.65	-53.6	-46.39	13.36	29.08
Total Assets, 2 Yr. CAGR %	-12.03	-47.33	-44.24	25.01	21.73
Tangible Book Value, 2 Yr. CAGR %	-13.59	36.08	98.78	29.37	54.13
Common Equity, 2 Yr. CAGR %	-11.71	34.94	94.96	28.91	54.12
Cash From Operations, 2 Yr. CAGR %	-10.09	31.61	-31.67	-81.4	42
Capital Expenditures, 2 Yr. CAGR %	83.5	-	-	2.38K	-
Levered Free Cash Flow, 2 Yr. CAGR %	-50.9	53.8	31.03	-30.34	57.25
Unlevered Free Cash Flow, 2 Yr. CAGR %	-34.76	101.37	-14.15	-30.4	57.09
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.65	-14.69	-27.38	45.06	43.93
Gross Profit, 3 Yr. CAGR %	-14.04	163.22	-31.59	48.36	-55.28
EBITDA, 3 Yr. CAGR %	34.03	473.74	-15.63	100.08	-83.2
EBITA, 3 Yr. CAGR %	-6.26	268.16	-34.09	30.47	-84.88
EBIT, 3 Yr. CAGR %	-14.18	233.21	-37.23	30.47	-85.04
Earnings From Cont. Operations, 3 Yr. CAGR %	186.8	21.25	-56.69	-29.25	-65.96
Net Income, 3 Yr. CAGR %	186.8	21.25	-56.69	-29.25	-65.96
Normalized Net Income, 3 Yr. CAGR %	-2.64	104.65	-60.56	-20.97	-79.3
Diluted EPS Before Extra, 3 Yr. CAGR %	187.07	21.24	-56.69	-44.22	-71.82
Accounts Receivable, 3 Yr. CAGR %	-2.09	-68.41	-51.13	-46.09	63.08
Inventory, 3 Yr. CAGR %	-7.69	-71.88	-70.42	-62.2	31.59
Net Property, Plant and Equip., 3 Yr. CAGR %	-26.15	-59.69	-40.39	-27.85	17.9
Total Assets, 3 Yr. CAGR %	-7.99	-39.39	-33.07	-23.39	17
Tangible Book Value, 3 Yr. CAGR %	-21.15	48.39	18.69	94.2	28.97
Common Equity, 3 Yr. CAGR %	-31.02	48.76	17.9	91.45	28.83
Cash From Operations, 3 Yr. CAGR %	-2.32	-14.7	1.75	-70.16	7.03
Capital Expenditures, 3 Yr. CAGR %	-70.93	-50.7	-	179.69	952.16
Levered Free Cash Flow, 3 Yr. CAGR %	-56.6	22.05	-18.77	54.33	-17.44
Unlevered Free Cash Flow, 3 Yr. CAGR %	-40.24	11.31	-2.73	16.3	-17.46
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-26.39	-28.16	-23.57	30.35	15.25
Gross Profit, 5 Yr. CAGR %	-34.09	34.06	-32.19	23.22	21.61
EBITDA, 5 Yr. CAGR %	-14.54	61.55	27.4	53.2	-17.14
EBITA, 5 Yr. CAGR %	-31	36.36	-20.34	16.8	-33.32
EBIT, 5 Yr. CAGR %	-31	36.36	-24.21	10.01	-35.85
Earnings From Cont. Operations, 5 Yr. CAGR %	-10.51	1.16	11.72	-18.36	-40.34
Net Income, 5 Yr. CAGR %	-10.51	1.16	11.72	-18.36	-40.34
Normalized Net Income, 5 Yr. CAGR %	-14.4	24.43	-42.52	-13.76	-41.08
Diluted EPS Before Extra, 5 Yr. CAGR %	-10.51	1.16	11.79	-29.22	-46.74
Accounts Receivable, 5 Yr. CAGR %	-11.82	-56.29	-38.84	-31.94	-28.42
Inventory, 5 Yr. CAGR %	-5.59	-53.41	-54.09	-46.93	-42.13
Net Property, Plant and Equip., 5 Yr. CAGR %	-51.7	-61.52	-35.03	-39.04	-18.81
Total Assets, 5 Yr. CAGR %	-15.65	-30.61	-24.69	-19.04	-14.98
Tangible Book Value, 5 Yr. CAGR %	-25.9	17.32	14.14	40.47	31.77
Common Equity, 5 Yr. CAGR %	-25.26	17.5	4.52	40.48	31.24
Cash From Operations, 5 Yr. CAGR %	7.62	4.16	-15.33	-53.62	16.26
Capital Expenditures, 5 Yr. CAGR %	-38.72	-32.5	-	136.3	-
Levered Free Cash Flow, 5 Yr. CAGR %	-8.82	26.57	-32.54	-2.48	5.88
Unlevered Free Cash Flow, 5 Yr. CAGR %	-4.56	15.59	-30.95	-7.75	17.92